GID Acquires 423-Unit Windsor Courthouse In Arlington From Greystar For $215.8M
2055 15th Street North
$215,800,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 16, 2026
AI
The property involved in this transaction is the Windsor Courthouse apartment tower, a multi-family asset located at 2055 15th Street North in Arlington, VA. The sale price for this 423-unit property amounted to $215.8 million, translating to a price per unit of approximately $510,165.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $215,800,000
- Units: 423
- Price Per Unit: $510,165
- Buyer: GID
- Seller: Greystar
- Brokers: Brian Crivella, Yalda Ghamarian, Bill Gribbin & Jack Canepa - Berkadia
This transaction was orchestrated by Berkadia, which played a crucial role in arranging the deal between GID and Greystar. The involvement of their brokers highlights the collaborative effort in facilitating the sale of this significant asset in the Arlington market.
Players
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93